Being a Foreign exchange marketplace, every money changer competes with others. They will offer you the best rate, so as to get the order. Be guaranteed to get the best buying rate for Singapore Dollar.
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Complete process was very hassle free, right from choosing of exchange rate, confirmation of order and receiving money. I am sure I wouldn`t have got this exchange rate and service quality if I directly walked in to anyone of the forex vendors
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Compare Rates offered by RBI authorized money changers in your city
Choose a money changer & book your order for buying Singapore Dollar
Submit the KYC documents & make the payment directly to the money changer
Collect the currency from the store or can request door delivery or pickup
Singapore Dollar is the official Currency of the Republic of Singapore and is represented by SGD and S$. The currency is issued by the Monetary Authority of Singapore. The banknotes of 2, 5, 10, 20, 50, 100, 1000, 10000 S$ and coins of 1, 5, 10, 20, 50 cents, 1 S$ are seen. The Singapore Dollar is also valid to Use in Brunei because of the pact between the two nations. The currency is one of the most transacted currencies among the Asian nations. Owing to the large success rates of businesses and entrepreneurs in the country many investments flow into the Singapore economy. The SGD has an exchange rate of 45-55 INR. ExTravelMoney can help you obtain forex services on transactions in Singapore Dollar anywhere in India.
When going to Singapore, you should carry Singapore dollars. This money can be carried as cash or loaded and carried in forex card. You can buy Singapore dollars from banks, money changers in India or visit extravelmoney.com to compare between different banks, money changers and buy forex online from your locality at the best rates.
A resident Indian can take upto USD 3000 or its equivalent in Singapore dollar as cash and a total of up to USD 10,000 or its equivalent in forex card or traveller’s cheques. The equivalent of USD 3,000 or USD 10,000 in Singapore dollars would be dependant on today’s Singapore dollar rate in India.
Different banks and money changers provide forex cards with different advantages. Some may have no activation fees, some may have no ATM use abroad fees etc. To choose the best forex card for singapore, compare the various cards offered by banks and forex centers in India through extravelmoney.com. Select a bank or money changer offering forex card at the best exchange rate and book your card online itself.
Singapore does not mention any minimum currency requirements officially. However, on average, travellers to Singapore would need to carry SGD 100 per day of stay. So if you are going for 3 days be sure to have at least, SGD 300 with you. Also, you need to show proof of accomodation (hotel booking) and a confirmed return flight ticket. Follow these rules to get through immigration in Singapore without much hassles.
The Singapore dollar is best currency to use in Singapore. It is the official currency of Singapore and is accepted by everyone in the country from street stalls to shopping malls. Alternatively, you can also carry US dollar to Singapore and get it exchanged there for the SGD.
While the US dollar won’t be accepted everywhere in Singapore, it may be accepted in major shopping centers. Even when it is accepted the exchange rates you’ll get for them won’t be great and will work against your wallet in the long run. It is better to exchange your US dollars for Singapore dollars at one among the many banks and licensed money changers that can be found throughout the country.
Yes. Even though Singapore is one among the most developed countries in the world, your debit/credit or forex card may not be accepted in every business establishment. Hence you will need cash when you go to Singapore. Make sure to buy Singapore dollar currency before you go on your trip.
You can carry a maximum of INR 25,000 as cash to Singapore from India. As per RBI rules, a resident Indian is allowed to carry up to Rs 25,000 as cash from India to abroad.
Please Note : This limit would not be enough for your Singapore trip. Also, you might not be able to exchange your INR to SGD after landing there. Hence, it is recommended that you convert your Indian rupee to Singapore dollar in India itself before going to Singapore.
You can use your Indian debit card in Singapore if it is enabled for international transactions such as cash withdrawal from ATMs and swiping at PoS machines abroad. Call up your card issuing bank’s customer care and check if international transactions are possible using your debit card. If the facility has been enabled, then you can use it in Singapore without any issues.
Please Note : We highly recommend you use a forex card instead of a debit card when going to Singapore. Forex card has many benefits over debit card and will help you save money in the long run.
Yes they are accepted. If you have an international credit card, then you can use it for your purchases, paying hotel bills etc in Singapore.
Please Note : Credit cards may not be the best option for you to carry money abroad. Instead forex cards have many advantages over credit cards that’ll help you save money on your trip abroad.
You must carry both cash and forex card when travelling to Singapore. Singapore is a developed country where you can find ATMs everywhere. You can use your forex cards to withdraw cash from ATMs. Also, most shops and hotels in Singapore have PoS machines where you can swipe your card to pay for your purchases and bills. Thus it makes sense to carry just 30% of your total Singapore travel budget as cash and the rest 70% in forex card. Please read about the best way to carry money when travelling abroad from India.
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